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Independent Bank (IBCP) Dividend Yield, Date & History

Independent Bank logo
$36.38 +0.44 (+1.21%)
As of 01:17 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Independent Bank Dividend Summary

Dividend Yield
2.64%
Annual Dividend
$0.96
Next
Dividend Payment
Feb. 14
Dividend Increase
Track Record
11 Years
Annualized 3-Year
Dividend Growth
4.55%
Dividend Payout Ratio
32.65%

Independent Bank (IBCP) pays an annual dividend of $0.96 per share, with a dividend yield of 2.64%. The next quarterly payment of $0.26 per share is scheduled for Friday, February 14, to investors who own the stock before the ex-dividend date of Tuesday, February 4. IBCP has grown its dividend for 11 consecutive years, with an average annual increase of 1.49%. The company currently pays out 32.65% of its earnings and 26.60% of its cash flow as dividends.

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IBCP Dividend Payments by Quarter

The chart below displays up to four years of Independent Bank's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

IBCP Dividend Yield Over Time

The chart below tracks Independent Bank's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Independent Bank vs. The Competition

Compare Independent Bank's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeIndependent BankFinance CompaniesNASDAQ Companies
Annual Dividend$0.96$0.02$1.32
Dividend Yield2.64%5.76%3.98%
Annualized 3-Year Dividend Growth4.55%12.26%12.78%
Track Record11 years15 years16 years

Independent Bank Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings32.65%
Based on This Year's Estimate31.58%
Based on Next Year's Estimate31.68%
Based on Cashflow26.65%

Independent Bank Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
1/10/2025quarterly$0.26+$0.02
8.33%
3.15%2/4/20252/4/20252/14/2025
10/22/2024Quarterly$0.24 - 2.86%11/5/202411/5/202411/15/2024
7/23/2024Quarterly$0.24 - 2.89%8/5/20248/5/20248/15/2024
4/23/2024Quarterly$0.24 - 3.79%5/2/20245/3/20245/13/2024
1/23/2024Quarterly$0.24+$0.01
4.35%
3.6%2/2/20242/5/20242/15/2024
10/17/2023Quarterly$0.23 - 4.99%11/2/202311/3/202311/13/2023
7/18/2023Quarterly$0.23 - 4.72%8/3/20238/4/20238/14/2023
4/25/2023Quarterly$0.23 - 5.49%5/4/20235/5/20235/15/2023
2/6/2023Quarterly$0.23+$0.01
4.55%
3.97%2/15/20232/16/20232/24/2023

This table shows Independent Bank's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Independent Bank Dividend - Frequently Asked Questions

The current dividend yield for Independent Bank is 2.64%. Learn more on IBCP's dividend yield history.

The annual dividend for IBCP shares is $0.96. Learn more on IBCP's annual dividend history.

Independent Bank pays quarterly dividends to shareholders.

Independent Bank's next quarterly dividend payment of $0.26 per share will be made to shareholders on Friday, February 14, 2025.

Independent Bank's most recent quarterly dividend payment of $0.24 per share was made to shareholders on Friday, November 15, 2024.

Independent Bank's next ex-dividend date is Tuesday, February 4, 2025.

Independent Bank's most recent ex-dividend date was Tuesday, November 5, 2024.

Over the past three years, the company's dividend has grown by an average of 4.55% per year.

Independent Bank has increased its dividend for the past 11 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Friday, January 10, 2025.

The dividend payout ratio for IBCP is:
  • 32.65% based on the trailing year of earnings
  • 31.58% based on this year's estimates
  • 31.68% based on next year's estimates
  • 26.65% based on cash flow

Independent Bank's dividend yield of 2.76% is lower than the average Finance company that issues a dividend. The company's 11 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Independent Bank's dividend payout ratio of 32.65% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Independent Bank stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:IBCP) was last updated on 1/30/2025 by MarketBeat.com Staff
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